A new start for local composite operators
K.Knecht, H.Verschelde

TL;DR
This paper introduces a formalism for local composite operators, demonstrating its effectiveness in ensuring renormalizability and gauge independence in specific quantum field theories up to several loops.
Contribution
The paper develops a novel formalism for local composite operators, ensuring a unique, multiplicatively renormalizable effective potential expressed as a sum of 1PI diagrams.
Findings
Renormalizability confirmed up to three loops in $lambda \u03a6^4$ theory.
Gauge independence of the effective potential verified up to two loops in the Coleman-Weinberg model.
Effective potential can be interpreted as an energy-density.
Abstract
We present a formalism for local composite operators. The corresponding effective potential is unique, multiplicatively renormalizable, it is the sum of 1PI diagrams and can be interpreted as an energy-density. First we apply this method to theory where we check renormalizability up to three loops and secondly to the Coleman-Weinberg model where the gauge independence of the effective potential for the local composite operator is explicitely checked up to two loops.
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